Featherstone on Oil

"On the other hand, the Iranians might indeed mean it. Meaning that a Franco-American attack on Syria and Lebanon (I fully expect Jacques Chirac to be on board this time as 'another cowboy') could trigger an Iranian response.

"And crude oil prices would spiral out of control. Personally, I think $80 for NYMEX light, sweet crude would be cheap.

But there's one more country to watch – Venezuela..."